Las Vegas Sands Corp (LVS) — Capital Reinvestment Ratio
Las Vegas Sands Corp (LVS) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow ($1.20 Billion) in capital expenditures ($274.00 Million). See Las Vegas Sands Corp balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Las Vegas Sands Corp Capital Reinvestment Ratio (2002–2025)
This chart tracks Las Vegas Sands Corp's Capital Reinvestment Ratio across 21 annual periods. Check how aggressively does Las Vegas Sands Corp reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Las Vegas Sands Corp (2002–2025)
Year-by-year Capital Reinvestment Ratio for Las Vegas Sands Corp from 2002 to 2025. For live market cap and broader valuation context, see Las Vegas Sands Corp (LVS) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.41x | $2.82 Billion | $1.17 Billion | ▼ -16.1% |
| 2024 | 0.49x | $3.20 Billion | $1.58 Billion | ▲ +26.6% |
| 2023 | 0.39x | $3.23 Billion | $1.26 Billion | ▼ -99.3% |
| 2021 | 55.93x | $15.00 Million | $839.00 Million | ▲ +16592.1% |
| 2019 | 0.34x | $3.04 Billion | $1.02 Billion | ▲ +66.0% |
| 2018 | 0.20x | $4.70 Billion | $949.00 Million | ▲ +9.6% |
| 2017 | 0.18x | $4.54 Billion | $837.00 Million | ▼ -48.4% |
| 2016 | 0.36x | $4.04 Billion | $1.45 Billion | ▼ -19.2% |
| 2015 | 0.44x | $3.46 Billion | $1.53 Billion | ▲ +81.2% |
| 2014 | 0.24x | $4.83 Billion | $1.18 Billion | ▲ +14.7% |
| 2013 | 0.21x | $4.44 Billion | $943.98 Million | ▼ -55.1% |
| 2012 | 0.47x | $3.06 Billion | $1.45 Billion | ▼ -16.4% |
| 2011 | 0.57x | $2.66 Billion | $1.51 Billion | ▼ -48.8% |
| 2010 | 1.11x | $1.87 Billion | $2.07 Billion | ▼ -66.2% |
| 2009 | 3.28x | $638.61 Million | $2.09 Billion | ▼ -89.2% |
| 2008 | 30.34x | $124.87 Million | $3.79 Billion | ▲ +192.3% |
| 2007 | 10.38x | $365.46 Million | $3.79 Billion | ▲ +611.5% |
| 2005 | 1.46x | $589.92 Million | $860.62 Million | ▲ +17.0% |
| 2004 | 1.25x | $373.37 Million | $465.75 Million | ▼ -38.9% |
| 2003 | 2.04x | $137.12 Million | $279.95 Million | ▲ +29.7% |
| 2002 | 1.57x | $86.84 Million | $136.74 Million | — |